ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0464%/8h= −50.8% APRnext payment −$2.32 per $10,000 · paid last 24h −0.091%

Price spread now: KuCoin against MEXC−0.204%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$701as in the Funding arb table

Net, price: spread back to 7d avg − costs−$675as in the Price arb table

costs, in and out, $10k−$6596.593% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.414%−$41 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.204%, 7d avg −0.047%

Together, before fees−0.394%−$39 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and KuCoin is 0.157% cheaper against MEXC than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.047%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ARX_USDT	0.2105	0.0564	pay 0.0282% / 4h	1h 01m	$937K	$434K	20x
Short	KuCoin ARXUSDTM	0.2101	0.0100	get 0.0050% / 4h	1h 01m	$737K	$812K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.204%Rate

Funding earned: −$97.44
Price spread: −0.204% → −0.047%: −$15.71
Slippage, 4 orders: −$639.31
Fee MEXC: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$772.46
Costs to cover: 6.593%
Break-even: never at this rate

Slippage from MEXC: live order book, 54 min ago; KuCoin: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 54 min ago	2.42 bp	14.5 bp −$15	66.7 bp −$667	271.3 bp −$27.1K	798.5 bp −$399.2K
Sell KuCoin live order book, 23 min ago	8.96 bp	302.4 bp −$302	doesn't fit	doesn't fit	doesn't fit

ARX on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ARX_USDT	+0.0100%	4h	0.2113	+0.380%	$1.1M	$438K	20x	as long as short
KuCoin ARXUSDTMshort	+0.0100%	4h	0.2101	−0.204%	$737K	$812K	20x
Bitget ARXUSDT	+0.0100%	4h	0.2105	+0.024%	$2.0M	$1.8M	20x	as long as short
BloFin ARX-USDT	+0.0376%	4h	0.2104	−0.048%	$246K	$49K	20x	as long as short
OKX ARX-USDT-SWAP	+0.0392%	4h	0.2106	+0.048%	$752K	$3.3M	20x	as long as short
Bybit ARXUSDT	+0.0404%	4h	0.2106	+0.048%	$4.3M	$2.4M	20x	as long as short
MEXC ARX_USDTlong	+0.0564%	4h	0.2105	long leg	$937K	$434K	20x
Binance ARXUSDT	+0.0567%	4h	0.2104	−0.048%	$5.6M	$11.5M	20x	as long as short
BingX ARX-USDT	+0.0584%	4h	0.2106	+0.048%	—	$1.7M	—	as long as short
Aster ARXUSDT	+0.0847%	4h	0.2102	−0.143%	$80K	$96K	10x	as long as short